Transaction Costs
Transaction costs are all fees and expenses associated with buying or selling property beyond the purchase price itself.
| Buyer Costs | Typical Amount |
| Transfer fee | 4% of property value |
| Agent commission | 2% of property value |
| Mortgage registration | 0.25% of loan amount |
| Valuation fee | AED 2,500-3,500 |
| Trustee fee | AED 4,000-5,000 |
| NOC fee | AED 500-2,000 |
| Total estimate | 6-7% of property value |
| Seller Costs | Typical Amount |
| Agent commission | 2% of property value |
| Mortgage discharge | Bank fees if applicable |
| Service charge clearance | Outstanding amounts |
| NOC fee | AED 500-2,000 |
Related Terms
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